Tuesday, May 26, 2026
Today's Edition

EveryNews

Stories that matter, signal over noise

Business

Novorossiysk Resumes Pumping — But Chevron and Kazakhstan Still Counting Losses from Same Attack

# Sheskharis Terminal Resumes Tanker Shipments After Five-Day Halt, But CPC Pipeline Damage Threatens US Oil Assets The Sheskharis terminal has resumed dispatching tankers following a five-day shutdown, but another port facility—the CPC pipeline, which carries 80% of Kazakhstan's oil—has sustained damage that jeopardizes the assets of American companies Chevron and ExxonMobil.

Tetiana Suchkova-Ladik

By Tetiana Suchkova-Ladik

April 10, 2026 · 2 min read

Novorossiysk Resumes Pumping — But Chevron and Kazakhstan Still Counting Losses from Same Attack
Нафтоперевалочний комплекс у Новоросійську (Фото: Венткомфорт)
```html

On April 9, the Shesharis terminal in Novorossiysk resumed crude oil shipments — five days after a massive drone attack and fire. According to Reuters, one berth is currently operational: on Friday, one tanker with a capacity of 80,000 tons departed from it. In normal mode, the terminal pumps about 700,000 barrels per day.

But "recovery" is not the complete picture of what happened at the port this week.

Two terminals, two damaged

The April 6 attack affected not only Shesharis. Fifteen kilometers away is the marine terminal of the Caspian Pipeline Consortium (CPC) — a separate facility through which Kazakhstan transports most of its oil to world markets. According to OilPrice.com, one of the CPC's single point mooring systems — SPM-2 — sustained "significant damage" following the maritime drone attack.

The CPC is not a purely Russian asset. Among the consortium's shareholders are Chevron and ExxonMobil, which also control the largest Kazakh fields — Tengiz, Kashagan, and Karachaganak — that feed this pipeline. Russia owns 24% of the CPC — the largest share, but far from the only one.

"Our oil operations in all directions are stable, exports through the CPC continue normally"

— Sungate Yesimkhanov, Deputy Minister of Energy of Kazakhstan, TRT World

Yesimkhanov spoke on Tuesday — the day after Russia announced damage to the CPC infrastructure. That is, Astana responded to Moscow's statements rather than to its own independent assessment. Earlier, similar attacks on the CPC reduced Kazakh oil exports by up to 40% and forced production shutdowns at the Tengiz field.

Resilience as the price of recovery

The previous attack on Shesharis in early March halted shipments for five days. The current downtime — exactly the same. The pattern repeats: strike → fire → pause → partial recovery with one berth. The infrastructure proves resilient, but not undamaged.

Market analysts, according to Pipeline Technology Journal, warn: so far Kazakhstan is meeting planned export targets, but any further damage to the CPC will leave global markets practically without a buffer — there are no alternative routes of equal capacity for Kazakh oil.

  • Shesharis — partially recovered, one berth of several
  • CPC SPM-2 — damaged, loading status as of publication being clarified
  • Previous attack on CPC in November 2024 completely disabled VPU-2

The question is not whether Russia will continue exporting oil through Novorossiysk — it recovers after each strike. The question is how many more such cycles the CPC infrastructure can withstand before Chevron and Kazakhstan are forced to publicly choose between silence and demanding protection of their assets.

```

Related

Latest

Business

EU Against Google: Why the Latest Fine Could Change More Than Previous Ones

# European Regulators Target Google Again — This Time Over Digital Markets Act Violations. What's Behind the Accusations and Why It Matters Beyond the Corporation European regulators have renewed their scrutiny of Google, this time focusing on alleged violations of the Digital Markets Act. The charges underscore Brussels' increasingly aggressive stance on big tech monopolies and what officials say are anticompetitive practices. The accusations center on how Google leverages its dominance across multiple digital services — from search to advertising to mobile platforms — to disadvantage competitors. Regulators claim the company is using its market power in ways that stifle innovation and limit consumer choice. The case carries significance far beyond Google itself. It signals how the EU is attempting to enforce its landmark Digital Markets Act, legislation designed to curb the gatekeeping power of tech giants. A potential penalty could set precedent for how other large technology companies face similar scrutiny. For consumers and smaller tech firms, the outcome could reshape the digital landscape by creating more room for competition. For Google, fines and operational restrictions could fundamentally alter its business model in Europe, the world's most stringent regulatory market. The case also reflects a broader geopolitical divide, with the EU pursuing a regulatory approach that contrasts sharply with the lighter-touch oversight favored in the United States.

May 26, 2026